Concept:
The Doctrine of Frustration applies when a contract becomes impossible to perform due to events beyond the control of the parties. Under Indian law, this doctrine is codified in the Indian Contract Act, 1872.
Step 1: Understanding frustration of contract.
A contract is said to be frustrated when an unforeseen event makes its performance impossible or unlawful.
Step 2: Relevant legal provision.
Section 56 of the Indian Contract Act deals with agreements to do impossible acts and subsequent impossibility (frustration).
Step 3: Eliminating other options.
- Section 10: Essentials of a valid contract
- Section 37: Obligation of parties to perform
- Section 73: Compensation for breach of contract